Bitcoin Price Stalls, Whales Buy Dip
This is a news story, published by CoinGape, that relates primarily to the Whale Transaction news.
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BTC Whales BuyCoinGape
•BTC Whales Buy The Dip, But Will Bitcoin Price Rally Higher?
67% Informative
Bitcoin price continues to trade at around $57,000 with no directional bias.
On-chain data reveals whales bought BTC on the recent dip.
However, the active addresses metric remains low, which suggests a rally is unlikely.
Despite the aforementioned bearish outlook, BTC whales are active, as shown by the Whale Transaction Count metric.
Bitcoin price prediction suggests that BTC is primed for a short-term rally.
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